TC Energy (TRP) Debt/Assets Ratio: History & Chart

TC Energy Corporation(TRP)

Oil & Gas Midstream · Calgary, AB

$61.86-0.19 (-0.31%)

Delayed quote: Aug 28, 2026, 4:00 PM EDT

About TC Energy Corporation

TC Energy Corporation (TRP), headquartered in Calgary, Canada, is a significant North American energy infrastructure enterprise, established in 1951. Its extensive operations are strategically divided into five key business units: Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexican Natural Gas Pipelines, Liquids Pipelines, and Power & Storage. The company is responsible for constructing and managing a vast natural gas pipeline network, which stretches for 93,300 kilometers. This critical infrastructure facilitates the movement of natural gas from production basins to a variety of destinations, including local utility providers, electricity generating facilities, industrial sites, interconnected pipelines, liquefied natural gas (LNG) export terminals, and other commercial clients. Additionally, TC Energy operates regulated natural gas storage facilities with a total working gas capacity of 535 billion cubic feet, alongside approximately 118 billion cubic feet of non-regulated natural gas storage capacity located solely within Alberta. Furthermore, TC Energy oversees a liquids pipeline system spanning roughly 4,900 kilometers. This system efficiently transports crude oil from Alberta's supply regions to major refining centers across Illinois, Oklahoma, Texas, and the U.S. Gulf Coast. Its asset portfolio also includes ownership or interests in seven power generation facilities. These plants, situated in Alberta, Ontario, Québec, and New Brunswick, have a combined output of approximately 4,300 megawatts and are fueled by natural gas and nuclear energy sources. The organization was previously known as TransCanada Corporation until it officially rebranded to TC Energy Corporation in May 2019.

Calgary, AB

6,574 employees

www.tcenergy.com

Energy / Oil & Gas Midstream

Sector: Energy
Industry: Oil & Gas Midstream
CEO: Francois Lionel Poirier

View full financials

TRP Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

51.44%

DEBT TO ASSETS RATIO AVG TTM

51.16%

DEBT TO ASSETS RATIO AVG 3Y

51.00%

DEBT TO ASSETS RATIO AVG 5Y

51.55%

DEBT TO ASSETS RATIO AVG 10Y

50.99%

DEBT TO ASSETS RATIO AVG 15Y

50.50%

DEBT TO ASSETS RATIO AVG 20Y

49.91%

CURRENT VS TTM AVG

+0.54%

CURRENT VS 3Y AVG

+0.86%

CURRENT VS 5Y AVG

-0.21%

CURRENT VS 10Y AVG

+0.87%

CURRENT VS 15Y AVG

+1.86%

CURRENT VS 20Y AVG

+3.06%

SECTOR MEDIAN · ENERGY

0.22%

median of 47 covered companies

CURRENT VS SECTOR MEDIAN

+23280.16%

vs the sector median at left

NAME	MARKET CAP	DEBT TO ASSETS RATIO	TTM	3Y	5Y
TC Energy Corporation (TRP)	$64.40B	51.44%	51.16%	51.00%	51.55%
Baker Hughes Company (BKR)vs ›	$61.95B	0.31%	N/A	N/A	N/A
Targa Resources Corp. (TRGP)vs ›	$61.78B	0.71%	N/A	N/A	N/A
MPLX Lp (MPLX)vs ›	$60.12B	0.60%	N/A	N/A	N/A
ONEOK, Inc. (OKE)vs ›	$59.71B	0.48%	N/A	N/A	N/A
Occidental Petroleum Corporation (OXY)vs ›	$58.78B	0.18%	N/A	N/A	N/A
Kinder Morgan, Inc. (KMI)vs ›	$70.28B	0.44%	N/A	N/A	N/A
Diamondback Energy, Inc. (FANG)vs ›	$55.61B	0.18%	N/A	N/A	N/A
Energy Transfer LP (ET)vs ›	$73.33B	0.47%	N/A	N/A	N/A
EOG Resources, Inc. (EOG)vs ›	$76.35B	0.15%	N/A	N/A	N/A

NAME

MARKET CAP

DEBT TO ASSETS RATIO

TTM

TC Energy Corporation (TRP)

$64.40B

51.44%

51.16%

51.00%

51.55%

Baker Hughes Company (BKR)vs ›

$61.95B

0.31%

N/A

Targa Resources Corp. (TRGP)vs ›

$61.78B

0.71%

N/A

MPLX Lp (MPLX)vs ›

$60.12B

0.60%

N/A

ONEOK, Inc. (OKE)vs ›

$59.71B

0.48%

N/A

Occidental Petroleum Corporation (OXY)vs ›

$58.78B

0.18%

N/A

Kinder Morgan, Inc. (KMI)vs ›

$70.28B

0.44%

N/A

Diamondback Energy, Inc. (FANG)vs ›

$55.61B

0.18%

N/A

Energy Transfer LP (ET)vs ›

$73.33B

0.47%

N/A

EOG Resources, Inc. (EOG)vs ›

$76.35B

0.15%

N/A

Debt to Assets Ratio FAQ

What is the debt to assets ratio for TC Energy Corporation (TRP)?

The debt to assets ratio for TRP stock is 51.44%.

Is TC Energy Corporation's debt to assets ratio high or low?

The debt to assets ratio of 51.44% is in line with its 5-year average of 51.55%, around the middle of its 5-year range (50.40%–53.49%).

What is the TTM average debt to assets ratio for TC Energy Corporation (TRP)?

The TTM average debt to assets ratio for TRP stock is 51.16%.

What is the 3Y average debt to assets ratio for TC Energy Corporation (TRP)?

The 3Y average debt to assets ratio for TRP stock is 51.00%.

What is the 5Y average debt to assets ratio for TC Energy Corporation (TRP)?

The 5Y average debt to assets ratio for TRP stock is 51.55%.

What is the 10Y average debt to assets ratio for TC Energy Corporation (TRP)?

The 10Y average debt to assets ratio for TRP stock is 50.99%.

What is the 15Y average debt to assets ratio for TC Energy Corporation (TRP)?

The 15Y average debt to assets ratio for TRP stock is 50.50%.

What is the 20Y average debt to assets ratio for TC Energy Corporation (TRP)?

The 20Y average debt to assets ratio for TRP stock is 49.91%.

DATE	DEBT TO ASSETS RATIO
2026-06-30	51.44%
2026-03-31	51.15%
2025-12-31	51.31%
2025-09-30	51.04%
2025-06-30	50.86%
2025-03-31	51.43%
2024-12-31	50.64%
2024-09-30	53.49%
2024-06-30	50.79%
2024-03-31	50.44%
2023-12-31	50.91%
2023-09-30	53.47%
2023-06-30	52.72%
2023-03-31	52.86%
2022-12-31	51.32%
2022-09-30	50.40%
2022-06-30	52.35%
2022-03-31	50.94%
2021-12-31	51.00%
2021-09-30	52.23%
2021-06-30	51.67%
2021-03-31	51.79%
2020-12-31	49.84%
2020-09-30	49.20%
2020-06-30	49.73%
2020-03-31	51.14%
2019-12-31	50.74%
2019-09-30	50.21%
2019-06-30	50.52%
2019-03-31	50.91%
2018-12-31	50.79%
2018-09-30	50.57%
2018-06-30	50.81%
2018-03-31	50.82%
2017-12-31	50.53%
2017-09-30	50.45%
2017-06-30	50.19%
2017-03-31	52.13%
2016-12-31	50.94%
2016-09-30	56.05%
2016-06-30	56.18%
2016-03-31	54.78%
2015-12-31	54.48%
2015-09-30	50.39%
2015-06-30	49.47%
2015-03-31	50.04%
2014-12-31	48.50%
2014-09-30	47.24%
2014-06-30	46.98%
2014-03-31	47.48%
2013-12-31	47.81%
2013-09-30	46.73%
2013-06-30	46.48%
2013-03-31	45.71%
2012-12-31	45.83%
2012-09-30	45.64%
2012-06-30	46.04%
2012-03-31	45.17%
2011-12-31	45.50%
2011-09-30	45.79%
2011-06-30	45.25%
2011-03-31	46.38%
2010-12-31	46.93%
2010-09-30	46.99%
2010-06-30	46.72%
2010-03-31	45.56%
2009-12-31	46.42%
2009-09-30	47.29%
2009-06-30	48.35%
2009-03-31	51.36%
2008-12-31	51.11%
2008-09-30	50.34%
2008-06-30	41.44%
2008-03-31	49.39%
2007-12-31	50.22%
2007-09-30	50.25%
2007-06-30	50.29%
2007-03-31	51.35%
2006-12-31	51.14%
2006-09-30	50.49%
2006-06-30	50.99%
2006-03-31	50.10%
2005-12-31	49.65%
2005-09-30	50.74%
2005-06-30	54.57%
2005-03-31	54.06%
2004-12-31	54.05%
2004-09-30	52.90%
2004-06-30	53.84%
2004-03-31	54.02%
2003-12-31	54.33%
2003-09-30	55.00%
2003-06-30	55.99%
2002-12-31	56.06%
2001-12-31	58.48%
2000-12-31	48.18%

DATE

DEBT TO ASSETS RATIO

2026-06-30

51.44%

2026-03-31

51.15%

2025-12-31

51.31%

2025-09-30

51.04%

2025-06-30

50.86%

2025-03-31

51.43%

2024-12-31

50.64%

2024-09-30

53.49%

2024-06-30

50.79%

2024-03-31

50.44%

2023-12-31

50.91%

2023-09-30

53.47%

2023-06-30

52.72%

2023-03-31

52.86%

2022-12-31

51.32%

2022-09-30

50.40%

2022-06-30

52.35%

2022-03-31

50.94%

2021-12-31

51.00%

2021-09-30

52.23%

2021-06-30

51.67%

2021-03-31

51.79%

2020-12-31

49.84%

2020-09-30

49.20%

2020-06-30

49.73%

2020-03-31

51.14%

2019-12-31

50.74%

2019-09-30

50.21%

2019-06-30

50.52%

2019-03-31

50.91%

2018-12-31

50.79%

2018-09-30

50.57%

2018-06-30

50.81%

2018-03-31

50.82%

2017-12-31

50.53%

2017-09-30

50.45%

2017-06-30

50.19%

2017-03-31

52.13%

2016-12-31

50.94%

2016-09-30

56.05%

2016-06-30

56.18%

2016-03-31

54.78%

2015-12-31

54.48%

2015-09-30

50.39%

2015-06-30

49.47%

2015-03-31

50.04%

2014-12-31

48.50%

2014-09-30

47.24%

2014-06-30

46.98%

2014-03-31

47.48%

2013-12-31

47.81%

2013-09-30

46.73%

2013-06-30

46.48%

2013-03-31

45.71%

2012-12-31

45.83%

2012-09-30

45.64%

2012-06-30

46.04%

2012-03-31

45.17%

2011-12-31

45.50%

2011-09-30

45.79%

2011-06-30

45.25%

2011-03-31

46.38%

2010-12-31

46.93%

2010-09-30

46.99%

2010-06-30

46.72%

2010-03-31

45.56%

2009-12-31

46.42%

2009-09-30

47.29%

2009-06-30

48.35%

2009-03-31

51.36%

2008-12-31

51.11%

2008-09-30

50.34%

2008-06-30

41.44%

2008-03-31

49.39%

2007-12-31

50.22%

2007-09-30

50.25%

2007-06-30

50.29%

2007-03-31

51.35%

2006-12-31

51.14%

2006-09-30

50.49%

2006-06-30

50.99%

2006-03-31

50.10%

2005-12-31

49.65%

2005-09-30

50.74%

2005-06-30

54.57%

2005-03-31

54.06%

2004-12-31

54.05%

2004-09-30

52.90%

2004-06-30

53.84%

2004-03-31

54.02%

2003-12-31

54.33%

2003-09-30

55.00%

2003-06-30

55.99%

2002-12-31

56.06%

2001-12-31

58.48%

2000-12-31

48.18%

Debt to Assets Ratio: 51.44%

TRP Debt to Assets Ratio

TRP Average Debt to Assets Ratio Chart

TRP Current vs Average Debt to Assets Ratio Chart

TRP Debt to Assets Ratio Metrics

TRP Competitors' Debt to Assets Ratio

Leverage Ratios Comparison

Debt to Assets Ratio Formula & Definition

Debt to Assets Ratio FAQ

TRP Debt to Assets Ratio History

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